The Major Clinical Testing Companies Estimate the Annual Market for Their Services to be Approximately $40 Billion

Research and Markets (http://www.researchandmarkets.com/reports/c30834) has announced the addition of Clinical Laboratory Testing Market Overview to their offering.

Clinical laboratory testing is generally categorized as either clinical testing, which is performed on body fluids including blood and urine, or anatomical pathology testing, which is performed on cytologic samples, tissue and other samples, including human cells. Clinical and anatomical pathology procedures are frequently ordered as part of regular physician office visits and hospital admissions in connection with the diagnosis and treatment of illnesses. Laboratory tests are used by physicians to assist in the detection, diagnosis, evaluation, monitoring and treatment of diseases and other medical conditions through the measurement and analysis of chemical and cellular components in blood and other bodily fluids and tissues.

Clinical laboratory tests are frequently ordered as part of physician office visits and hospital admissions. Most clinical laboratory tests ordered are considered routine and can be performed by most clinical laboratories. Esoteric assays generally require more sophisticated instruments and highly skilled personnel, and are typically outsourced to independent clinical laboratories that specialize in such assays.

Nearly all laboratory tests are performed by one of three types of laboratories: hospital laboratories, physician office laboratories or independent clinical laboratories. The major clinical testing companies estimate the annual market for their services to be approximately $40 billion. There are presently two national independent clinical laboratories: LabCorp and Quest Diagnostics. There are many smaller regional independent clinical laboratories as well as laboratories owned by hospitals and physicians. Industry experts believe that consolidation will continue in the clinical laboratory testing business.

This Clinical Testing Laboratory Market Overview, 165 pages in length, provides insight into the trends and issues affecting the market. It also identifies more than 25 of the leading market participants and provides a brief profile on each company, which includes (when available): company background, strategy, products and services, financial information, and recent activities.

This Clinical Laboratory Testing Market Overview provides the information and analysis you need to gain an understanding of the clinical/diagnostic testing market and the trends which affect it. This Clinical Laboratory Testing Market Overview also identifies more than 25 of the major clinical/diagnostics testing laboratories and provides brief profiles on each organization which includes (when available): organization background, organization strategy, products and services, financial information, and recent activities.

For more information visit http://www.researchandmarkets.com/reports/c30834

Laura Wood
Senior Manager
Research and Markets
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The Major Clinical Testing Companies Estimate the Annual Market for Their Services to be Approximately $40 Billion

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The Major Clinical Testing Companies Estimate the Annual Market for Their Services to be Approximately $40 Billion

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